Town Sports International Holdings, Inc. (Town Sports) is an owner and operator of fitness clubs in the Northeast and Mid-Atlantic regions of the United States. The Company, through its subsidiaries, operates approximately 158 fitness clubs under its four regional brand names: New York Sports Clubs (NYSC), Boston Sports Clubs (BSC), Philadelphia Sports Clubs (PSC) and Washington Sports Clubs (WSC). It operates in two segments, which include Clubs and BFX Studio. The Clubs segment comprises clubs under the NYSC, BSC, PSC and WSC brand names, and the clubs it owns in Switzerland. BFX Studio is the Company's private studio brand. It offers three types of memberships in its clubs, which include Passport, which offers access to all clubs at all times: Core, which offers access to a single home club at all times, and Restricted memberships, which is a restricted month-to-month membership offering access to a single home club.